PROGENY HOLDINGS LIMITED

1. PROGENY HOLDINGS LIMITED 2019-05-25 → present
2. PROGENYCO 14 LIMITED 2019-03-09 → 2019-05-25

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on this confirmation and having taken account of all principal risks being faced by the Group, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis.”

Group structure

1. PROGENY HOLDINGS LIMITED · parent
   1. The Progeny Group Limited 100% · Holding company
   2. Progeny Law and Tax Limited 100% · Legal services
   3. Progeny Asset Management Limited 100% · Discretionary investment management
   4. Progeny International Limited 100% · Dormant
   5. Lawsco Holdings Limited 100% · Holding company
   6. Progeny Wealth Limited 100% · Independent financial advisers
   7. WHPG Limited 100% · Dormant
   8. Affinity IFA Limited 100% · Dormant
   9. Watsons Law LLP 100% · Dormant
   10. Russell Ulyatt Group Limited 100% · Holding company
   11. Russell Ulyatt Holdings Limited 100% · Holding company
   12. RU Group Financial Services Limited 100% · Dormant
   13. Russell Ulyatt Financial Services Limited 100% · Non-trading
   14. Shevill Parkes (Financial Services) Limited 100% · Dormant
   15. Channack Ross Limited 100% · Independent financial advisers
   16. Greenhalgh Financial Services Limited 100% · Dormant
   17. CH Trustees Limited 100% · Corporate Trustees
   18. Policy Trustees Limited 100% · Corporate Trustees
   19. Coll Perkins Limited 100% · Dormant
   20. Moray Group Limited 100% · Holding company
   21. Balmoral Asset Management Limited 100% · Non-trading
   22. Lewis Brownlee Holdings Limited 100% · Holding company
   23. Lewis Brownlee Financial Services Limited 100% · Non-trading
   24. Fry Wealth Limited 100% · Holding company
   25. Wilfred T Fry Limited 100% · Independent financial advisers
   26. Wilfred T. Fry (Personal Financial Planning) Limited 100% · Independent financial advisers
   27. Wilfred T. Fry (Executor and Trustee) Limited 100% · Independent financial advisers
   28. Harris Stewart Limited 100% · Dormant
   29. British Taxpayers Association Limited 100% · Dormant
   30. Progeny (Belgium) S.A. 100% · Belgium · Independent financial advisers
   31. Progeny (Hong Kong) Limited 100% · Hong Kong · Independent financial advisers
   32. Progeny (SG) PTE Ltd 100% · Singapore · Independent financial advisers
   33. Gibbs Denley Holdings Limited 100% · Holding company
   34. Gibbs Denley Group Limited 100% · Holding company
   35. Gibbs Denley Financial Services Limited 100% · Independent financial advisers
   36. Gibbs Denley Pension Trustees Limited 100% · Independent financial advisers
   37. Gibbs Denley Investment Management Limited 100% · Discretionary investment management
   38. Fiscal Engineers Limited 100% · Independent financial advisers
   39. Chartered Wealth Management Limited 100% · Independent financial advisers
   40. CWM Investment Management Limited 100% · Independent financial advisers
   41. Carbon Financial Holdings Limited 100% · Holding company
   42. Carbon Financial Partners Limited 100% · Independent financial advisers

Significant events

• “On 1 February 2025, the trade and assets of the Chartered Wealth Management Limited ('CWM') were transferred to Progeny Wealth Limited.”
• “On 3 March 2025, £75,000 of capital was injected into Gibbs Denley Investment Management Limited.”
• “On 3 April 2025, the FCA permissions were cancelled for this entity.”
• “On 9 May 2025 a dividend of £2.5 million was approved to be paid to The Progeny Group Limited by the Progeny Asset Management Limited Board.”
• “At the beginning of 2025, several senior appointments were made to help deliver the strategy and build on Neil Moles' achievements as the founder in making Progeny into the business it is today.”
• “During the year ended 31 December 2024, revenues increased by 55% and EBIDTA by over £9m from the previous financial year.”
• “Recent acquisitions include The Fry Group, Gibbs Denley, Fiscal Engineers, Carbon Financial Partners and Chartered Wealth Management, all of which were acquired in 2023.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

5

last 24 months

Officers appointed

3

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +54.9%

  £54,141,000 → £83,861,000

• Cash

  +80.7%

  £12,197,000 → £22,039,000

• Net assets

  +9.4%

  £224,116,000 → £245,130,000

• Employees

  +21.3%

  606 → 735

• Operating profit

  +15.7%

  -£32,103,000 → -£27,050,000

• Profit before tax

  +14.3%

  -£32,388,000 → -£27,772,000

• Wages

  +22.5%

  £35,083,000 → £42,972,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers